Currency News

Daily Exchange Rate Forecasts & Currency News

Latest Currency News Continued - page 3

Welcome to Currency News. Our aim is simple: deliver expert financial comment and analysis on the world currency markets and exchange rates. The latest currency news, exchange rate forecasts, currency predictions and forex data at your fingertips. International payments? Maximise your foreign currency transfers today.

Latest Currency News Headlines

Pound Australian Dollar Exchange Rate Sinks on Increasing Bank of England Rate Cut Odds

13 Jan 2020 at 4 PM - Written by John Cameron

GBP/AUD Exchange Rate Edges Higher, ‘Aussie’ Gains on US-China Trade Deal Hopes The Pound Australian Dollar (GBP/AUD) exchange rate fell by -0.6% today, with the pairing currently trading around AU$1.881 as the risk-averse ‘Aussie’ continues to benefit from renewed risk-appetite as markets prepare for a US-China ‘phase one’ trade deal to be signed off this week. Joseph Capuso, a Currency Strategist at the...

CATEGORIES: Canadian Dollar Forecasts Pound Canadian Dollar Forecasts

GBP to CAD Exchange Rate Hits 2-Month-Worst as Canadian Outlook Stronger since Job Market Report

13 Jan 2020 at 3 PM - Written by James Fuller

The British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged today, and was in fact one of the worst performing major Pound pairs due to lasting strength in the Canadian Dollar. While the Pound plummeted on fresh bets that the Bank of England (BoE) could cut UK monetary policy soon, the Canadian Dollar continued to benefit from last week’s stronger than expected Canadian job market data which softened Bank of Canada...

CATEGORIES: Pound Canadian Dollar Forecasts

Dollar to Euro Exchange Rate Forecast: USD/EUR Surges to January Best in Week of Impressive Gains

10 Jan 2020 at 12 PM - Written by Tim Boyer

Despite continued signs of recovery in Eurozone data, the US Dollar to Euro (USD/EUR) exchange rate didn’t face much obstruction in the past week as it put in impressive gains. The US Dollar rebounded from days of market jitters amid hopes for US economic resilience, and as the US currency recovered investors felt that mixed strength Eurozone data was not enough to help the Euro to hold its ground. While last week saw USD/EUR...

CATEGORIES: Pound Euro Forecasts

Euro to Pound Sterling Exchange Rate Steady as Brexit Bill Passes through Parliament

10 Jan 2020 at 11 AM - Written by John Cameron

The Pound Sterling to Euro exchange rates held steady on Friday January 10, with GBP/EUR currently around €1.176 after Prime Minister Boris Johnson’s Brexit bill cleared the House of Commons yesterday with a majority of 99, clearing the track for the UK to leave the EU on the 31st January. Sterling remain on alert, however, as the Bill now heads for the House of Lords of examination and more challenging reading....

CATEGORIES: Euro Forecasts Euro Pound Forecasts Pound Euro Forecasts

Pound Australian Dollar (GBP/AUD) Exchange Rate Sinks as Bank of England Hints at Interest Rate Cuts

9 Jan 2020 at 3 PM - Written by John Cameron

GBP/AUD Exchange Rate Eases as Brexit Uncertainties Return The Pound Australian Dollar (GBP/AUD) exchange rate fell today, with the pairing currently trading around AU$1.898 after Mark Carney, the Bank of England’s (BoE) Governor, hinted at possible stimulus measures to boost the UK’s flagging economy in the months ahead. Mr Carney commented: ‘There are downside risks from global growth and the possibility that...

CATEGORIES: Australian Dollar Forecasts Pound Australian Dollar Forecasts Pound Sterling Forecasts

GBP to EUR Exchange Rate Stumbles from Near Weekly Highs on Bank of England Rate Cut Speculation

9 Jan 2020 at 11 AM - Written by Frank Davies

Despite yesterday’s cooler Pound movement, the British Pound to Euro (GBP/EUR) exchange rate continued to trend closely to its best levels until this morning, when a combination of stronger Eurozone data and lingering Brexit uncertainty knocked the pair slightly. The Brexit process is going smoothly this month, but uncertainty over how things will develop throughout 2020 is lingering in the background and keeping pressure on the...

CATEGORIES: Pound Euro Forecasts

Pound New Zealand Dollar (GBP/NZD) Exchange Rate Steady, Geopolitical Tensions Weigh on Risk-Sensitive ‘Kiwi’

8 Jan 2020 at 5 PM - Written by John Cameron

GBP/NZD Exchange Rate Rangebound, ‘Kiwi’ Fails to Benefit from Improving Global Dairy Prices The Pound New Zealand Dollar (GBP/NZD) exchange rate held steady today, with the pairing currently trading around NZ$1.978 as geopolitical tensions between the US and Iran continue to hold back the risk-sensitive ‘Kiwi’. The New Zealand Dollar (NZD) could, however, rebound as US-Iran tensions begin to show signs of fading...

CATEGORIES: New Zealand Dollar Forecasts Pound New Zealand Dollar Forecasts

GBP to ZAR Exchange Rate Struggles to Hold Gains as Risk Sentiment Returns

8 Jan 2020 at 3 PM - Written by Tim Boyer

Despite UK data being generally supportive and South African data being weak, the British Pound to South African Rand (GBP/ZAR) exchange rate has fallen back from weekly highs today and is struggling to continue trending with an upside bias. The Pound is seeing mixed demand as uncertainty worsens over the Brexit transition period, while the South African Rand benefits from signs that market moods over US-Iran tensions are cooling...

CATEGORIES: Pound Rand Forecasts

Pound US Dollar (GBP/USD) Exchange Rate Slumps as US Deficit Hits 3-Year Low

7 Jan 2020 at 4 PM - Written by Frank Davies

Narrowed US Trade Deficit Drags Pound Sterling US Dollar (GBP/USD) Exchange Rate Lower A sharper-than-expected narrowing of the US trade deficit saw the Pound Sterling to US Dollar (GBP/USD) exchange rate slip on Tuesday. While forecasts had pointed towards an improvement in US trade investors were still impressed to find that the deficit had shrunk to its lowest level since October 2016. Although some of narrowing was...

CATEGORIES: Pound Dollar Forecasts

GBP to AUD Exchange Rate Continue to Rise as ‘Aussie’ Hit by Bushfire Crisis

7 Jan 2020 at 12 PM - Written by Ben Hughes

The British Pound to Australian Dollar (GBP/AUD) exchange rate has already seen notable gains this week. Despite persisting Brexit uncertainty, the Pound has been able to capitalise on the Australian Dollar’s broad risk-off weakness. The Australian Dollar is being hit lower by a combination of domestic and global concerns, including fires raging across Australia and market panic amid rising US-Iran tensions. The Australian...

CATEGORIES: Pound Australian Dollar Forecasts